Category: CNOOC
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New oilfields development project switches production mode on
New oilfields development project switches production mode on Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has brought online its oilfields development project in the shallow water of the Pearl River Mouth Basin off the coast of China. The post New oilfields development project switches production mode on appeared first on Offshore…
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Another Chinese player turns to Wärtsilä: Operational reliability boost on the horizon for 14 LNG vessels
Another Chinese player turns to Wärtsilä: Operational reliability boost on the horizon for 14 LNG vessels Wärtsilä has secured a multi-year lifecycle agreement for 14 liquefied natural gas (LNG) carriers with Hong Kong-based OPearl LNG Ship Management, a joint venture between China Merchant LNG, CNOOC, and NYK, which was created to serve as the ship management arm…
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UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC
UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win…
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Giant FPU’s transport marks ‘world’s first’ for CNOOC
Giant FPU’s transport marks ‘world’s first’ for CNOOC Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has completed a transport operation related to a giant floating production unit (FPU). The post Giant FPU’s transport marks ‘world’s first’ for CNOOC appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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Next chapter of Chinese giant’s offshore project boosts super heavy oil development
Next chapter of Chinese giant’s offshore project boosts super heavy oil development Chinese state-owned oil and gas giant CNOOC has kick-started production from the second phase of its oilfield development project in the Bohai Sea. The post Next chapter of Chinese giant’s offshore project boosts super heavy oil development appeared first on Offshore Energy. Melisa…
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With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025
With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025 Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana. The…
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CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays
CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025. The post CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays appeared first on Offshore Energy. Melisa Cavcic…
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ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025 With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana. The post ExxonMobil…
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First oil flows from CNOOC’s project offshore China
First oil flows from CNOOC’s project offshore China CNOOC has begun oil production from a development project in Liaodong Bay of Bohai Sea off the coast of China. The post First oil flows from CNOOC’s project offshore China appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz
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INEOS acquires CNOOC’s U.S. GoM business
INEOS acquires CNOOC’s U.S. GoM business London-headquartered global chemical company INEOS said today that it has acquired the U.S. Gulf of Mexico business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Company’s CNOOC International Limited unit. A Reuters report cites “a person with direct knowledge of the matter…
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Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays
Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s…
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Chinese oil & gas giant on a roll as another development project comes online
Chinese oil & gas giant on a roll as another development project comes online China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China. The post Chinese oil & gas giant on a roll as another development project comes online appeared…